Message from @TylerC

Discord ID: 491629001912352769


2018-09-18 15:16:08 UTC  

@yvaN_ehT_nioJ yeah, but Russia had a huge number of casualties, and their culture went a different path (they did suffer under communism, though)

2018-09-18 15:16:21 UTC  

China already sold off the debt.

2018-09-18 15:16:23 UTC  

thats why Trump is bringing jerbs back, and making the economy boom,

So when the bill comes, they're the ones that are ahead

2018-09-18 15:16:29 UTC  

had to look it up finally

2018-09-18 15:16:30 UTC  

I think.

2018-09-18 15:16:35 UTC  

from the national debt wiki

2018-09-18 15:16:38 UTC  

"As of December 2017, $6.3 trillion or approximately 45% of the debt held by the public was owned by foreign investors, the largest being China (about $1.18 trillion) then Japan (about $1.06 trillion)"

2018-09-18 15:16:53 UTC  

so still a sizeable chunk, even if they have sold some off

2018-09-18 15:16:58 UTC  

yep indeed

2018-09-18 15:17:11 UTC  

and when you take into account how intertwined their trade still is

2018-09-18 15:17:12 UTC  

zo china had about 1/5 of our debt

2018-09-18 15:17:15 UTC  

even in the era of trump

2018-09-18 15:17:25 UTC  

1/5 is still a LOT

2018-09-18 15:17:30 UTC  

1/5 is hueg

2018-09-18 15:17:33 UTC  

like a scary ammount

2018-09-18 15:17:47 UTC  

for a country that was trying to peg their currency to ours for the longest time

2018-09-18 15:17:55 UTC  

i think that part has finally been stopped

2018-09-18 15:17:58 UTC  

pretty sure

2018-09-18 15:18:08 UTC  

but still leaves them holding a hell of a bill to call in

2018-09-18 15:18:19 UTC  

Hell Russia done it already and nobody noticed...

2018-09-18 15:18:20 UTC  

People are pissed at SJW it seems.

2018-09-18 15:18:25 UTC  

they really don't like them

2018-09-18 15:18:46 UTC  

ya but russia didnt have anywhere near as much of the debt as china does

2018-09-18 15:18:56 UTC  

Russian holdings were pretty small

2018-09-18 15:19:00 UTC  

from what i understand

2018-09-18 15:19:29 UTC  

now if china did that

2018-09-18 15:19:41 UTC  

we would be in trouble, i think

2018-09-18 15:19:45 UTC  

It would be barely felt... :\

2018-09-18 15:19:52 UTC  

you are crazy

2018-09-18 15:20:17 UTC  

Our economy is growing at a fast pace, consumers confidence is high, and we are starting to create a lot of our products here in United States.

2018-09-18 15:20:26 UTC  

not that much

2018-09-18 15:20:31 UTC  

Most of that debt is OWNed by American corporations located in China.

2018-09-18 15:20:43 UTC  

We are bringing those Corporations back.

2018-09-18 15:20:44 UTC  

i think you really overestimate that growth if you think that growth would balance out china already

2018-09-18 15:20:56 UTC  

in a few years it could be done

2018-09-18 15:20:59 UTC  

probably 5 to 10

2018-09-18 15:21:01 UTC  

relax guys heres what will happen if China goes broke

2018-09-18 15:21:04 UTC  

but we def are Not there yet